–It’s one reason the Bush administration has pressed China and other Asian countries to revalue their currencies and make their exports more expensive. –

However:
(12/10/03)
A new report from the National Association of Manufacturers and the Manufacturing Alliance (MAPI) found that much of the manufacturing sector’s problems are not due to unfair actions by our trading partners, but are self-imposed. It notes that we have higher corporate taxes, higher pollution abatement costs, and higher tort liability costs than our key competitors. Overall manufacturing costs are 22.4 percent higher in the U.S. as a result of such self-imposed costs, reducing our competitiveness and contributing to the trade deficit.

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Until we get tort reform, we’re going to stagnate. It not only helps business, but health care costs. It doesn’t help ATLA and our elected officials, but I can live w/that.